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20130422
20130422
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business. >>> coming up, is the end of tax-free online shopping near? we will present both sides of a hot debate that could impact your money. first, a look at how the international markets closed today. >> when you buy items over the internet, do you pay taxes on them? apparently a lot of us don't, there's no legislation that is aimed at making sure that everyone pays up no matter the state they live in. and a vote could come this week. we are in washington with more of the very controversial legislation. so, who is behind this move on collecting more sales tax? >> well, it's a good question. it's something the retail industry has wanted to do for more than a decade, make sure that internet venrs colct sales tax for products sold online. the united states senate is taking up a bill that would allow states to collect sales taxes from us of state companies. >> there's some items where consumers are price sensitive and online retailers that do not collect sales taxes can under ku cut can the brick and mortar retailer by 10% because of the situation. >> that ends up for big money for hard hi
and the taxing of i.r.a.s and retirement plans. this has the nation abuzz. it has talk radio athe buzz. because people are worried, and they're not hearing by the way, tom, the $3 million threshold. because what americans are hearing is the government is now going to plunder people's lifetime retirement savings. i think it's a very dangerous idea. >> i do too. one analyst said, if you start when you come out of college, so you're in your early 20s, and you go to your 60s, that the average nurse's salary, i mean, $3 million sounds like a lot to a lot of people, kind of that class warfare thing. the average nurse's retirement account will add up to more than $3 million. >> no doubt about it. i talk to young people, the most important thing you can do when you're in your late teens and your 20s is start saving early. as you know, what is it that albert eye stein said in the most powerful force in the universe is compound interest. if you start saving early, putting money in ira, 401(k) plans, you can amass not just 3 but $5 million, $10 million. is there something wrong with that? since when does
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have a worry about the consumer and tax refunds will start coming now. credit conditions support employment and certainly consumer staples look very expensive. >> what about utilities up 19% so far this year? utilities are up 16% and health care up 19%. is your money safe in there? will they continue to hold up? >> we've been overweight utilities so i'm not going to be too uncomfortable with that and that's improvement with natural gas prices and in health care it's been very much about dividends and that we saw reimbursement rates that were supposed to be cut recallier this year, and i think it's too late to be on the healthcare bandwagon. >> sectors like materials which have not been with the rally and do you think some of the underperforming sectors will catch up? >> we are worried about materials still and we have to be careful in the u.s., chemicals are 20% metals and mining and look at the s&p 500 materials sector. europe is a big problem for chemical companies and even though they have shale gas as a feed stock, the problem is 20%, 25% of their business is probably going t
on the first read. item 18. >> item 18 is a resolution approving the issuance of tax exempt obligation by the california enterprise development authority in an aggregate principal amount not to exceed 9 million to finance and refinance various capital facilities owned by the progress foundation. >> same house same call? this resolution is adopted. [gavel] >> item 19. >> item 19 is an ordinance [speaker not understood] general fund reserve of approximately 4.3 million to support shortfalls in the sheriff's department for fiscal year 2012 through 13. >> supervisor farrell. >> thank you, president chiu. colleagues, this is a supplemental that came before our budget and finance committee last week from our sheriff's department. it's the third supplemental we've seen this budget season. the first of the public defenders which is going to be coming back for another hearing soon and second obviously the department of public health supplemental. the reason for the supplemental were twofold. one, unknown workers' compensation costs due to a few big claims that were not predicted last year as we
bags at check out. that doesn't sit well with some. >> i feel they are already getting money from taxes that they charge you. they charge you for everything in the world. and i just think it's an added cost. >> they are messy. people throw them everywhere. they do plug things up. i would like it to be cleaner for my grand kids. >> now according to san mateo county health system, californians use about 20 billion plastic grocery bags every year. that is why a growing number of communities all across the bay area are putting similar bans in place in an effort to offset all of the cleanup costs. as we bring you back here live here in san mateo county they are really trying to launch an education effort and get people used to this new bag ban. you can see they have a sign posted here at the entrance to the store. and in many case there is is a store that will hand out reusable bags for free. we are live this morning in belmont alex savidge ktvu channel 2 news. >>> time now 5:38. sal, we're just talking about you know forgetting the bags. do you bring your bags your reusable bags? it's a guy
talk to in the medical device field is worried about the affordable care act, the tax on medical device makers. how significant is that in your view? >> i think there's a couple ways. first of all, the fact that more patients are going to get access we think is a good thing. it's unacceptable that patients are either uninsured or underinsure. tax, yes, it has an impact. we've got to make sure it's done in a responsible and reasonable way. overall we're convinced that it's going to continue to be about innovation, about strong customer partnerships. and really when you think about now, our medical device business, particularly our orthopedics business, our size and scale, the growth opportunities here and very much so in emerging markets. so, for example, all surgery is really just about trauma surgery in emerging markets. it's not as planned. as a result what we're seeing is significantly better growth rates in some of those places. >> i love that emerging markets part of the story. because you just look at the growth numbers and you figure out what the story is. but are you going to ha
like they are already getting money from taxes. they charge you for everything in the world. i think it's an added cost that is not necessary. >> they are messy. people throw them everywhere. they do plug stuff up. i would like it to be a little cleaner for my grand kids as they grow up. >> californian's reuse about 20 billion plastic bags every year. today some stores will hand out their bags for free. you keep your bags in the trunk and forget them so i ask people on facebook a very funny conversation going on about where people keep their bags. how they remember to bring their bags. >> after going in and having to pay because they are in the car i'm going to start remembering them now. >> right. maybe there is the incentive. >>> good morning, everybody. let's take a look at what we have now. we have a new crash in san francisco i want to mention. northbound 101 near the 280 interchange. one car hit the wall there. it's causing slow traffic coming up from near candle stick. let's go out and take a look at commute at the bay bridge toll plaza. westbound. you can see traffic is moving a
where you get this increase in volatility after tax time. and you see all the companies revising their earning forecast to temporary expectations. and so typically in the next month or two we'll have some external macro surprise that will get everyone concerned again. it's been a very consistent pattern that we do well in the fall and the early spring and then cool off and get more volatile. >> rick santelli, markets all waiting for these earnings reports this week. in the meantime among your markets, gold has bounced big today. the dollar is still flirting with 100 yen. what are you watching? what are the benchmarks you're keeping an eye on this week? >> well, you know what, i think the biggest benchmark that i'm going to pay attention to is the dax stock index in germany. it's down about 1.75% on the year. last week not only were eurozone car sales, registrations off, but germany was off in particular. i think keep it simple. i think as those auto numbers deteriorate, it's just going to exaggerate all the other weaker economies. and when you get the imf admitting that austerity
up at 9:20 today. >> internet sales tax, here it comes. huge new tax. >>brian: maybe take my advice and restructure that show of yours. you might want to think of that. >>steve: it is included as part of the mix. >>gretchen: he can do his radio show at the same time. >> fine promo, brian. >>gretchen: coming up on the show, he's the biggest baseball star in boston and his rallying cry not exactly p.g. for kids. should david ortiz -- should big papi get a pass? >>steve: eight jobs in eight years, and he never felt fulfilled. now he's got a new job. so what changed? the lessons you can learn from him and change your life. ♪ [ lighter flicking ] [ male announcer ] you've reached the age where giving up isn't who you are. ♪ this is the age of knowing how to make things happen. so, why let erectile dysfunction get in your way? talk to your doctor about viagra. 20 million men already have. ask your doctor if your heart is healthy enough for sex. do not take viagra if you take nitrates for chest pain; it may cause an unsafe drop in blood pressure. side effects include headache, flushing
,000 and 20,000 people left a lot of trash behind. since there was no organizer for the event, city tax payers have to pay for it. >> big bucks there. >>> a warm start to the week but how long will it last. steve paulson will tell us when to expect a cooldown. >>> and check this out. a young boy a very horrifying close call with an alligator. we'll tell you how he was able to survive. >>> it looks like we have some slowing on southbound 101. this may be due to an earlier crash near candlestick. we'll give you the update straight ahead. [ male announcer ] enjoy delicious chicken made the way you say at subwa. with our oven roasted chicken, now a $3 six-inch select. make it your own with melty monterey cheddar or creamy ranch. and during april, the black forest ham is also a $3 six-inch select. subway. eat fresh. >>> a south florida boy is lucky to be alive after he was attacked by an alligator. he and his father planned to go canoeing off boynton beach. he wandered to the edge and an alligator bit on the right side of his body. >> grabbed my arm. i couldn't get out. >> i'll punching the alligat
to defend soviet totalitarianism. they don't have the same thing for paying taxes for the education of its college students today. one of the kingpins of hollywood mourned behind the scenes he seemed to lend solace time -- what were his lanning as? was he left, right, what were his politics? he was eventually a man devoted to the welfare of universal pictures. that's what he did, that's how he definedit seems t me thatase. so long as work to the benefit his studio and enterprise and was a vast enterprise but it reached full maturity. i don't think he was an evil man is no my mind a guy tending toy he was the leading entrepreneur of hollywood and he was the man people went to to settle disputes and problems and he was notoriously fairly honest broker he's a fascinating man and there's a tendency with people of great power and motion picture business there is a tendency to kind of step back and kind of fear, but i think in the largest sense he was an honest broker and there are not that many of them in the industry ever so i don't think we will know the full extent what he was doing, what h
Search Results 0 to 11 of about 12